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MSNBC
Oct 7, 2012 4:00am PDT
electric, jack welch. jack, you made a lot of news today. here's the tweet you put out this morning. unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. and i'm just wondering, i understand the way it works the president gets a heads up on the unemployment number 4:00 the day before and has to keep it to himself. you're saying in your tweet this morning that the news went the other way, the people working for the president somehow got the bureau of labor statistics and played with the numbers so it's down below 8 today. how does it work from your perspective? what happened here? >> all i can talk about are some of the numbers. we had 600,000 government jobs added in the last two months. we had 873,000 jobs by a household survey, which is a total estimate, from 50,000 phone calls. of those 600,000 were temporary workers. chris, these numbers are all a series of assumptions. tons of assumptions. and it just seems somewhat coincidental that the month before the election the numbers go 0.1% below when they were when the president started, alt
MSNBC
Oct 6, 2012 5:00am EDT
doesn't seem like something i'd hear from jack welch. unbelievable job numbers, fair enough. these chicago guys will do anything to change the numbers. what evidence do you have to the chicago guys got to the bureau of labor statistics and jimmied these numbers by 0.3%. >> i have no evidence. i just raised the question. >> you didn't raise the question. you are asserting in your tweet that you put out at 8:35 this morning, five minutes after the report came out that did you talk to the economists or anyone who understand how the numbers were put together before you accused the chicago guys of changing the numbers? >> chris, i know these numbers are gathered by a series of wild assumptions, maybe they weren't right at 8.5. maybe they weren't right at 8.4. but it seems coincidental that one month before the election, they would end up at 7.8. the president today is on the stump. the president, all he's talked about is 7.8. he didn't mention 600,000 jobs added in the government sector. >> see -- it's not your attitude about obama people care about, it's your analysis. you came out thi
CNN
Oct 6, 2012 4:30am PDT
? this is big news. >>> former general electric ceo jack welch set off a firestorm yesterday sending out this tweet questioning the validity of yesterday's unemployment numbers accusing the administration of changing the numbers. mr. welch appeared on "anderson cooper 360" last night to talk about those allegations. >> i got a tweet out there that i stand by. >> right, but you don't, you don't regret -- >> i can't prove anything that they did anything to anything. >> in your heart you believe they somehow cooked the books? >> i don't really know. but i do know this. these numbers are implausible. >> but, you know, so many politicians these days are saying, you know, michele bachmann will say something that is not correct or not provable and say, look, i'm just asking the question. is it responsible to say, i'm just asking the question, but to say these chicago guys will do anything -- >> should have put the question mark at the end, like i did last night. a question mark would have been better at the end of that. >> so, you are kind of backing away from the chicago guys part? >> i'm not
MSNBC
Oct 5, 2012 10:00pm PDT
we've sea got jobbers. >> business pioneer jack welch calls these numbers into question. >> these numbers don't smell right. >> jack welch was a successful businessman. >> this is about asking questions. >> on this subject he has absolutely no idea what he's talking about. congressman west, take it away. >> you can't deny the numbers. >> don't challenge my intelligence. >> there's not a shred of evidence they've ever manipulated this number. >> people have stopped looking for work. >> more and more people have just stopped looking for work. >> that is definitely not the case. >> completely wrong. >> people are not giving up. they're going back into the work force. >> i think i get the last word. >> i won't allow that to happen and that is why i'm running for a second term of president of the united states. >>> good evening, i'm ezra klein in for lawrence o'donnell. it's 32 days until the election, though we are only 5 days into october, we've already had two october surprises. first, there was president obama's weak debate performance. and then today the jobs report, the second-to
Current
Oct 5, 2012 8:00pm PDT
. tweeting in regards to today's jobs report, i agree with jack welch, chicago style politics is at work here. more about jack welch and g.e. and accurate numbers more in this show later. we have an interview with cnbc. >> we have a very professional civil service organization where you have top, top economists that work at the bls. it's really ludicrous to hear that kind of statement. >> eliot: and the always wise economic adviser had this message for jack welch. i quote love you jack, but here you've lost your mind. what a coincidence joining me now is austan goolsbee, former chairman of president obama's council of economic visors. conspiracy theories running wild, and how you generate them. what is your take on this. >> okay, the numbers come from iron fortress, somewhere in the bls. it's absolutely and totally ridiculous to say some how some political people changed the numbers in bls. it makes no sense whatsoever. look i'm friends with jack welch. he's a great guy. i have no idea what he's talking about. this is birtherrest crazy stuff. i don't know how you get--the same people say
CNN
Oct 5, 2012 5:00pm PDT
to get re-elected. fudging the facts on jobless numbers for political gain. we talk to jack welch, one of america's all-time great ceos. his tweet launched the controversy. the question tonight, does he stand by it? you'll hear from him in a moment. he was tweeting about september employment data which came out this morning showing the economy adding 114,000 jobs last month, and the jobless rate falling by .3 to 7.8%. that would be the lowest since president obama took office. now, before we get into what jack welch tweeted, here's how president obama reacted to the economic news. >> today's news should give us some encouragement. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country's come too far to turn back now. >> president obama on the campaign trail today. now here's what mitt romney said. >> the unemployment rate as you know this year has come down very, very slowly but it's come down nonetheless. the reason it's come down this year is primarily due to the fact that more and mo
MSNBC
Oct 5, 2012 2:00pm PDT
, and leading the band is the legender ceo of general electric, jack welch, who joins us right now. jack, you made a lot of news today. here is the tweet you put out this morning. unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. and i'm just wondering, i understand the way it works is the president gets a heads-up on the unemployment number 4:00 the day before and has to keep it to himself. you're saying in your tweet this morning that the news went the other way, that the people working for the president somehow got the bls, the bureau of labor statistics, and played with the numbers so it would come down below 8% today. how does it work from your perspective? what happened here? >> well, chris, all i can talk about are some of the numbers. we had 600,000 government jobs added in the last two months. we had 873,000 jobs by a household survey, which is a total estimate from 50,000 phone calls. of those 600,000 were temporary workers. chris, these numbers are all a series of assumptions, tons of assumptions, and it just seems somewhat c
PBS
Oct 14, 2012 3:30pm PDT
positive announcement has its skeptics, however, including former ge, ceo jack welch. he led ge 20 years to 2001 and made it the largest national corporation in the world, 410,000 employees. on october 5, the day the labor report was released mr. welch challenged the accuracy of the report and its timing. >> it is just ironic these assumptions all came this way the month before the election. these numbers don't smell right when you think about where the economy is right now. every economist this morning predicted roughly 90 to 120,000 and 8.2 unemployment. >> question. aside from being out of line with economists's predictions, what anomalies in the jobs report made jack welch suspicious? >> well amongst other things, we created 114,000 jobs in that month, which is less than the 50,000 we need. the numbers went up because a whole group of people left the labor force in terms of being unemployed and took on part- time jobs and throes part-time jobs, they are out of that 8.3, or the 8.1, but they are in u 6, another measure a much wide and more rational measuring and that did not go down a
FOX Business
Oct 10, 2012 2:10pm EDT
pump anytime soon? don't hold your breath. coming up, jack welch defending his controversial tweet of the job report. dennis kneale has that's next. tracy: and one company wants to make charging your electric car as fast as filling up your gas tank. look at jeff flock, yesterday on the treadmill, today in an electric car. >> i am on electric power. what if you could charge this electric car, the nissan leaf, just as quickly as you fill up at the gas pump? well, you can. the problem is that technology does not work with the chevy volt. why that is the case. an electric pump. stay tuned. >> i am robert gray with your fox business brief. the selloff on wall street continues at the federal reserve latest assessment of the u.s. economy. most regions across the country showed moderate growth since the last survey. investors are snapping up shares of the children's play landing a deal with wal-mart to have the products sold in stores this holiday season. and the banking giant ceo jamie dimon says it has lost up to $10 billion in their related litigation and write-downs. now they're facing a
MSNBC
Oct 6, 2012 12:00pm EDT
numbers. forward ceo jack welch led the crowd with this tweet "unbelievable jobs numbers. these chicago guys will do anything can't debate so change numbers". he refused to back down on last night's msnbc. >> i have no evidence to prove that. i just raised the question. >> you didn't raise the question. you said these chicago guys will do anything so they change the numbers. you want to take that back? >> this is an assertion. >> jimmying with these numbers. corruption here. infiltration or getting to -- it's not funnies jack. you're talking about the president of the united states playing with the bureau of labor statistics numbers. this is mixing stuff. do you want to take back the charge here? >> i don't want to take back one word in that tweet. >> oh, this is good. what's the word from the white house folks today on these jobs numbers? are they being cautious about them at all? >> you heard the president be cautious. the president and his advisers and everybody on down the line is going to be very quick to add that there are millions of people in this country who are out of
CNBC
Oct 5, 2012 7:00pm EDT
, i think they'll be l. >> hey, larry, huge interview tonight. you have jack welch, what else is cooking? >> 7.8% unemployment. is this magic number of president obama for real or was it cooked? good evening, i'm larry kudlow. this is "the kudlow report." team obama doing a victory lap, rejoicing over the 7.8% victory lap. my guest, jack welch, is questioning whether the numbers were cooked to help president obama. mr. welch will respond live and talk to me in a moment. this whole thing comes as the romney roll continues. scott rasmussen has three polls showing a dead heat in battle ground states, hai, virginia, florida. even the liberal magazine "the new yorker" sees it on their front cover, mitt romney pulling a clint eastwood, debating an empty chair. first up, it was the tweet that was heard around the world. my good friend jack welch set off a social media firestorm. take a look at his tweet. "unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers, end quote. he's chase by accusing the white house of skewing the data to help president
CNN
Oct 6, 2012 1:00am EDT
talk to jack welch, one of the all time-great c c c c c ceos. he was tweeting about the economy adding 114,000 jobs last month and the jobless rate falling three-tenths of a point to 7.8%. that would be the lowest since president obama took office. here's how president obama reacted to the economic news. >> today's news should give us some encouragement. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country has come too far to turn back now. >> president obama on the campaign trail today. now here's what mitt romney said. >> the unemployment rate, as you noted this year, has come down very, very slowly, but it's come down nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> he went on to say the country can do better, which is about what you would expect him to say, same as you would expect president obama to say what he said. that's the way the two sides do it, year in, year out, campaign after c
FOX Business
Oct 10, 2012 3:00pm EDT
kneale has the latest on the fallout from jack welch job report tweet. >> turns out the bitter cheering at jack welch question the validity came from fortune magazin"fortune"magazine and itn jack welch quit and has an op-ed bashing his bashers. accusing the obama labor departmenlabordepartment of mans numbers so fortune editor in chief weeks to the president defense. and unfortunately, a writer did a couple of nasty stories pointing out that he laid off 100,000 people in 20 years. though they have had plenty of layoffs as they can revenue 50% in a decade. and jack welch counter punches instead in the "wall street journal" liking the beating he's taken over this to soviet russia. jack welch also come under attack from former obama economic advisor saying on al gore current tv that it is absolutely and totally ridiculous to say somehow some political people change the numbers. this is crazy stuff. oh yeah? he himself questioned the honesty of the job numbers in the bush administration in '03 in "new york times" that they have been buying people off their employment rolls i and the governm
MSNBC
Oct 6, 2012 12:00am EDT
. the former ceo of general electric jack welch, general electric i should say is a minority owner of this company, mr. welch tweeted, quote, unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. jack welch accusing the white house of manipulating this month's jobs data so it would look better for the president. always up for a good conspiracy theory republican congressman alan west of florida concurred and wrote, quote, in regards to today's jobs report i agree with former ge ceo jack welch. chicago style politics is at work here. from there it was sort of off to the races. republican congressman paul brown of georgia, quote, september jobs report raises questions. quote, i don't think bls cooked numbers. i think a bunch of dems lied about getting jobs. that would have the same effect. that was from a senior writer at something called the washington examiner, a conservative thing online. eric bolling who is at fox news, he wrote, wow. obama labor department smarter than all 25 of america's top economists. or something far more inside ous.
CNBC
Oct 5, 2012 1:00pm EDT
we got a doozy right now. jack welch setting off a bit after firestorm this morning. shortly after the report, welch tweeted this out. unbelievable jobs numbers. he doesn't mean it in a positive way. he means it unbelievable. these chicago guys will do anything. can't debate so change numbers. a few moments later, hilda solis fired back. >> i'm very disappointed to hear that. we have a very professional service organization with top officials working in the bls. our most trained and skilled individuals. it is really ludicrous to hear that kind of statement. >> representative allan west is a florida republican and he says he agrees with mr. welch. congressman, good to see you. >> thank you very much. how are you all? >> what do you believe what mr. welch says and not what the secretary of labor says. >> it is not about believing what mr. search says. it is about studying the numbers. we continue to see these inconsistencies and revisions upwards and downwards. work force participation rate still remains at a 30-year low. when you compare this to the u6 computation which takes into a
CNN
Oct 25, 2012 12:00am EDT
. massachusetts governor deval patrick argues with mitt romney while jack welch defends mitt romney's math. and the firestorm over the gop candidate who said this -- >> even when life begins in that horrible situation of rape, that it is something that god intended to happen. >> mitt romney disagrees but says he still supports him. will this stall romney's surge? plus, donald trulmp's october surprise fizzles a bit. i ask him some tough questions. what is the difference between mitt romney's refusal to release his tax returns and the president not being inclined to release his college records? >> this is "piers morgan tonight." >>> good evening. our big story tonight. a shift in the electoral map. with just 13 days to go until the election day, cnn's moving north carolina from a tossup to a lean romney. that is of course, the state where president obama accepted his party's nomination just a few short weeks ago. indiana and missouri also shift from lean romney to safe romney. cnn now estimates that mitt romney's leading in states with a total of 206 electoral votes, the president's leading in s
MSNBC
Oct 6, 2012 6:00am EDT
. >> i don't know that. >> i just heard from jack welch with respect i guess was about ten minutes of absolute nonsense with no grounding in what the bureau of labor statistics actually does. >> joining us now is jared bernstein, who you just saw there responding to jack welch on "hardball" today. he is a senior fellow at the budget and policy priorities and msnbc and cnbc contributor. thank you for being here. i was absolutely riveted by that today and could not wait to continue the conversation. >> look. it's funny. i just walked by the bls on my way up here. it's a -- it is a venerable institution. they've been putting out reports for well over 50 years and there's never been any allegation or any substance to a claim like that at all. and, in fact, i was trying to remember. there was something, and it was back in 2008. the bureau of labor statistics mistakenly released a report 25 seconds early and, boy. heads rolled and they had to do a whole investigation of the data release procedure. i mean, this is an agency that, where statistical integrity is above all. if i took you throug
CNN
Oct 6, 2012 7:00am PDT
bounceback. some suggesting the books may even have been cooked. jack welch, the former v. owe of general electric, tweeted this. welch later came on cnn's "anderson cooper 360" and said if he had that tweet to do over again, he would have added one thing. >> so many politicians these days are saying like michele bachmann will say something that factually is nocht correct and they'll say i'm just asking the question. is it responsible to say i'm just asking the question, but to say they'll do anything. >> i should have put the question mark. a question mark would have been better at the back of that. >> so you are kind of backing away -- >> i'm not backing away. >> you wish you could amend your tweet? >> i wish i added a question mark to the back of it. but the same implications. >> to say something like this is like donald trump saying that president obama is not an american citizen without any proof. you are jack welch. you got to take this opportunity while everybody is listening to you to actually say yes, anderson, i'm taking that tweet back. i'm going to accepted a new tweet
MSNBC
Oct 5, 2012 11:00am PDT
"big," but i don't get it. >> a much stronger reaction from former ge ceo jack welch who tweeted unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. and from florida tea party congressman alan west. he put up i agree with former ge ceo jack welch. chicago-style work involved it. solis responded to the suggestion the numbers were cooked. >> i'm insulted when i hear that, because we have a very professional civil service organization where you have top, top economists that work at the bls. they've been doing these calculations. these are our best trained and best skilled individuals that have been working in the field. it's really ludicrous to hear that kind of statement. >> let's bring in our "news nation" political panel today. john harwood and zachary ca caribel. thank you, gentlemen, for joining me. john, i want to come to you first because i want to play what president obama and governor romney said just a short time ago reacting to the jobs reports. let me play those first, both of them. >> there were fewer new jobs created this mo
NBC
Oct 10, 2012 4:00am PDT
, thanks. over 7 million cars recalled. is yours one of them? jack welch out at "fortune." starbucks battles mom and pop store starbarks. your early morning celebrity headlines straight ahead. you're watching "early today." >>> i'm lynn berry. right now a strange story involving a boston man arrested at lax during a stop on a flight home from japan. i.c.e. agents say he was wearing a bullet proof vest, flame retardant pants, and carrying a smoke bomb in his luggage. and that's not all. this is just some of what else they allegedly found in his baggage. believe it or not, agents do not think he is a terrorist. an investigation continues. >>> well, this morning the government will issue a warning that thousands of airbags replaced over the last three years could be dangerous counterfeits. you will be able to learn f your model is at risk. just go to safercars.gov. >>> newly released images show what police hope will be a better view of a 10-year-old colorado girl missing since friday. jessica ridgeway was last seen walking to school with her classmates. right there you can see vigils w
MSNBC
Oct 7, 2012 11:00am PDT
about the actual numbers. jack welch had a tweet about unbelievable jobs numbers, the chicago guys will do anything, can't debate because they change the numbers. he was on "hardball" with chris matthews and this is how he explained what's behind this analysis. >> i've reviewed 14 businesses this week from restaurants to rental cars, to widgets. i have seen everybody with a, a third quarter equal to or weaker than the first quarter. in order to get 873,000 new jobs, you would have to have a gdp going at 4% to 5%. the second quarter was downgraded from 1.7 to 1.3. the third quarter is not going to be very strong. it just defies the imagination to have a surge larger than -- any surge since 1983, a month before the election. i leave it to you to do all the analysis. >> you know -- >> one of the most important ceos of america, formerly of general electric does this ring true to you, speaker? >> actually since it's a survey, is this outside the statistical bounds of their survey, which is plausible, but irrelevant. what's interesting is you have a president, who after four years and by
NBC
Oct 8, 2012 3:30am EDT
the actual numbers. jack welch made a lot of headlines with a tweet that said, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers without any substantiation. he was on "hardball" with chris matthews and this is how he explained it. >> i've reviewed 14 businesses this week. from restaurants to widgets. i have seen everybody with a third quarter equal to or weaker than the first quarter. in order to get 873,000 new jobs, you would have to have a g.d.p. going at 4% to 5%. the second quarter was downgraded from 1.7% to 1.3%. the third quarter is not going to be very strong. it just defies the imagination to have a surge larger than any surge since 1983 a month before the election. i leave it to you to do all the analysis. >> one of the most important ceos in america. formerly of general electric. does this ring true? >> well, it rings true to me. since it's a survey, is this outside of the statistical bounds of their survey, which is plausible but irrelevant. but you have a president who says last budget got zero votes in the last
NBC
Oct 7, 2012 8:00am PDT
to control it. and the idea that donald trump, jack welch, rich people with crazy conspiracies, can get traction on this is a bad trend. >> i assume, david, there's a number of people that believe that the real unemployment report is somewhere safe in nairobi with the president's kenyan birth certificate. this stuff is crazy. and the notion, quite frankly, that somebody as well respected as jack welch would go on television and embarrass himself for the entire day of friday by saying somehow that these statistics are made up, i agree with chuck, it's incredibly dangerous. and we wonder why institutions in this country are -- or the perception of institutions in this country are failing because people go on tv and just make stuff up. asked for evidence, he said he had none. >> the bush statistics came out after jack welch did and said there is no way this could be. it's not possible. >> when did you stop beating your wife? >> no, no. you guys are missing the whole point. the reason people are losing respect for washington is they are losing respect for washington. it's not some right
CNN
Oct 7, 2012 8:00am PDT
explosive new information about barack obama. was the five-year-old tape really news and jack welch acushion the obama team of cooking the books on the latest jobs fegs. really? ♪ [ male announcer ] one in six. that's how many struggle with hunger in america. ♪ but what if there was a simple way to feed those in need? now, there is. shop walmart for select brands' low prices through october 12th and you help secure meals for local families. go to walmart.com/hunger and learn more about how you can join the fight. because hunger is a big probm and it needs a big answer. now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ male announcer ] humana understands the value of spending time together that's a lot of work getting that one in! let's go see the birdies. [ male announcer ] one on one, s
Search Results 0 to 49 of about 364 (some duplicates have been removed)